Lendio vs The Loan Consultants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lendio vs The Loan Consultants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Lendio Franchise
The Loan Consultants Franchise
Investment $30,150 - $117,100$13,800
Franchise Fee $28,000 - $46,000N/A
Royalty Fee to4K/mo.-
Advertising Fee 2%-
Year Founded 20111983
Year Franchised 20161983
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Lendio Franchise
The Loan Consultants Franchise
Experience - Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital -

Financing Options

 
Lendio Franchise
The Loan Consultants Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Lendio Franchise
The Loan Consultants Franchise
Training On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media Social media SEO Website development Email marketing -
Operations --

Expansion Plans

 
Lendio Franchise
The Loan Consultants Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -No

Company Overviews

About Lendio

Lendio makes business loans easy by helping small business owners skip the leg work of looking for a small business loan. Instead of filling out dozens of applications, one application is all they need.
As a Lendio Franchisee you will be able to help small business owners find the loan they need to grow their business by leveraging Lendio’s business loan marketplace. By helping your clients complete a single application, they will be reviewed by over 75 lenders, taking the headache of loan applications out of the equation!

What Makes the Lendio Franchise Different


"Disruptive  "Proprietary "Strategic 
Disruptive Market      Proprietary                 Strategic           
                                  Technology             Partnerships 
"Low  "Perfectly  "Massive
Low Investment    Perfectly  Positioned    Massive Demand

Veteran Incentives  10% off franchise fee     
#272 in Franchise 500 for 2020.
                                  

About The Loan Consultants

"The

The Loan Consultants, Inc. will show you how to operate a professional and successful loan brokerage without the expensive offices and staff of salaried employees that drive up your overhead. This results of course, in lower operating costs and higher profits for you. Additionally, you will have the confidence of knowing you are offering the one product that everyone needs... money!
If your goal is to own your own successful business and independence for you and your family, The Loan Consultants, Inc. may be a rare and golden opportunity to make those goals a reality. Our status in the industry, our longevity in this business, and our reputation with our customers and funding sources are irrefutable proof that we know what we are doing. Our staff of highly trained, experienced and dedicated professionals take great pride in mentoring you to success.
If you are ready to begin earning Executive level income and are prepared to commit
yourself to making your own business successful, we'll provide all the expertise
and support to get you started and ensure you are successful every step of the way.